Two percent of yearly manganese ore production is processed into manganese oxides, which are used in lithium-ion batteries, according to a recent chart from Visual Capitalist. But demand has the potential to grow strongly as more electric cars are built.A recent report from Pike Research pegs global sales of plug-in electric vehicles at 120,000 units in 2012. That's small next to the 62 million total vehicles estimated to have been sold last year, according to a December Scotiabank report. But Pike sees sales of plug-in electrics growing at a combined annualized growth rate of 39 percent between 2012 and 2020.
Lithium-manganese Batteries: Powering The Future?
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